SF 1570

as introduced - 91st Legislature (2019 - 2020) Posted on 02/21/2019 03:01pm

A bill for an act
relating to taxation; authorizing the city of Rogers to impose a local sales and use
tax and an excise tax for specified projects.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin CITY OF ROGERS; LOCAL TAXES AUTHORIZED.
new text end

new text begin Subdivision 1. new text end

new text begin Sales and use tax authorization. new text end

new text begin Notwithstanding Minnesota Statutes,
sections 297A.99 and 477A.016, or any other law or ordinance, and as approved by the
voters at the general election of November 6, 2018, the city of Rogers may impose, by
ordinance, a sales and use tax of one-quarter of one percent for the purposes specified in
subdivision 3. Except as otherwise provided in this section, the provisions of Minnesota
Statutes, section 297A.99, govern the imposition, administration, collection, and enforcement
of the taxes authorized under this subdivision.
new text end

new text begin Subd. 2. new text end

new text begin Excise tax authorized. new text end

new text begin Notwithstanding Minnesota Statutes, section 477A.016,
or any other contrary provision of law, or ordinance, the city of Rogers may impose by
ordinance, for the purposes specified in subdivision 3, an excise tax of up to $20 per motor
vehicle, as defined by ordinance, purchased or acquired from any person engaged within
the city of Rogers in the business of selling motor vehicles at retail.
new text end

new text begin Subd. 3. new text end

new text begin Use of sales and use tax and excise tax revenues. new text end

new text begin (a) The revenues derived
from the taxes authorized under subdivisions 1 and 2 must be used by the city of Rogers to
pay the costs of collecting and administering the taxes and the capital and administrative
costs of any or all of the following projects:
new text end

new text begin (1) trail and pedestrian facilities including an I-94 pedestrian crossing, a County Road
144 pedestrian tunnel, and other new trails and trail connections;
new text end

new text begin (2) aquatics facilities consisting of either or both of a splash pad and any contribution
toward the community portion of a school pool; and
new text end

new text begin (3) community athletic facilities including construction of South Community park, site
improvements for future recreation facilities, and a multipurpose indoor turf facility.
new text end

new text begin (b) The total that may be raised from the taxes to pay for these projects is limited to
$16,500,000, plus the costs related to the issuance and paying debt service on bonds for
these projects.
new text end

new text begin Subd. 4. new text end

new text begin Bonding authority. new text end

new text begin (a) The city of Rogers may issue bonds under Minnesota
Statutes, chapter 475, pursuant to approval by the voters at the general election of November
6, 2018, to finance all or a portion of the costs of the projects authorized in subdivision 3.
The aggregate principal amount of bonds issued under this subdivision may not exceed
$16,500,000, plus an amount equal to interest on and the costs of issuing the bonds. The
bonds may be paid from or secured by any funds available to the city of Rogers, including
the taxes authorized under subdivisions 1 and 2.
new text end

new text begin (b) The bonds are not included in computing any debt limitation applicable to the city
of Rogers, and any levy of taxes under Minnesota Statutes, section 475.61, to pay principal
and interest on the bonds is not subject to any levy limitation. A separate election to approve
the bonds under Minnesota Statutes, section 475.58, is not required.
new text end

new text begin Subd. 5. new text end

new text begin Termination of taxes. new text end

new text begin The taxes imposed under subdivisions 1 and 2 expire
at the later of: (1) 20 years after the taxes are first imposed; or (2) when the city council
determines that $16,500,000, plus an amount sufficient to pay interest on and the costs of
issuing the bonds authorized under subdivision 4, has been received from the taxes to pay
for the cost of the projects authorized under subdivision 3. Any funds remaining after
payment of all such costs and payment of the bonds in full shall be placed in the general
fund of the city. The taxes imposed under subdivisions 1 and 2 may expire at an earlier time
if the city so determines by ordinance.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after the governing body of the
city of Rogers and its chief clerical officer comply with Minnesota Statutes, section 645.021,
subdivisions 2 and 3.
new text end